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reid and got biden in there to make what they feel is a bad deal? >> well, i think there's probably -- i don't know if that's being for harry reid so much. i definitely know that is the opinion of some liberals in the house, but i've spoke to a member today who is pretty middle of the road centrist democrat, and he told me that he did not like the fact that there's no guarantee for the debt limit to go up within -- for an extension of the year tored to get those 450,000 rates. i think what people need to see here is if you look back at what's happened to this congress with boehner and mcconnell and the house gop, this is what they do in negotiations. they go all the way to the end. they try to bring the white house to their knees. they get everything they want. there's this idea that, well, maybe they'll come back the next time and try to get it done ahead of schedule and we'll all sing kum baya. this really is in the hands of congress, and we saw how that played out in 2011. >> i want to bring the panel in, because i think that luke just hit on the
reid and got biden in there to make what they feel is a bad deal? >> well, i think there's probably -- i don't know if that's being for harry reid so much. i definitely know that is the opinion of some liberals in the house, but i've spoke to a member today who is pretty middle of the road centrist democrat, and he told me that he did not like the fact that there's no guarantee for the debt limit to go up within -- for an extension of the year tored to get those 450,000 rates. i think...
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Dec 24, 2012
12/12
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to do that on something that would be symbolic, harry reid saying it would not be taken up in the senate, the president said he would veto it, i think that was a bridge too far. >> did everyone see the abraham lincoln movie, the wheeling and dealing that had to be done? >> and it was done in a lame- duck session. >> in the good old days, some of us remember, you could punish people. i am taking away the bridge, you are not going to get that school or library. nobody wants to bring home the bacon anymore. >> let us remember -- >> the decrease in corruption has truly been harmful to the nation. you cannot get business done. >> let us remember that during the crash of 2007, 2008, in the end, it was the democrats under nancy pelosi who bailed out president bush. it was the republican secretary of the treasury who literally got down on his knees to hurt because he needed her to bring home the vote. she was able to do that. >> abolish bribery in the house and it grinds to a halt. >> see? ok. 26 people dead in a connecticut elementary school. what to do about guns. >> since friday morning, a po
to do that on something that would be symbolic, harry reid saying it would not be taken up in the senate, the president said he would veto it, i think that was a bridge too far. >> did everyone see the abraham lincoln movie, the wheeling and dealing that had to be done? >> and it was done in a lame- duck session. >> in the good old days, some of us remember, you could punish people. i am taking away the bridge, you are not going to get that school or library. nobody wants to...
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Dec 24, 2012
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senate majority leader harry reid, minority leader mitch mcconnell will have to work together. a lot of focus shifts to mcdonnell. he has to try to get something that will pass with republicans that they can get through the house and senate, but i think president obama certainly has a role to play. remember, he is the one who ran on the platform. >>> you heard him map out on friday. he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also lay the groundwork potentially for deficit reduction in the future. i think you will see president obama cut his vacation short, and continue to play a role in those negotiations. richard. >>> kristin, over the weekend, he attended the funeral for the late senator inouye, who he has called an inspiration to him. what did you see in that service? >> well, more than 20 members of congress attended, mostly democrats, majority leader harry reid spoke and praised senator inouye for his partisan spirit, reaching across the aisle. of course in an earlier memorial service, the president called the late se
senate majority leader harry reid, minority leader mitch mcconnell will have to work together. a lot of focus shifts to mcdonnell. he has to try to get something that will pass with republicans that they can get through the house and senate, but i think president obama certainly has a role to play. remember, he is the one who ran on the platform. >>> you heard him map out on friday. he would like a scaled-back version of the grand bargain, something to prevent taxes going up, and also...
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Dec 24, 2012
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will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular. raising tax rates and probably cut back on benefits so, remains to be seen if they can get 60 in the senate and 218 in the house. but boehner may have to put that senate pass bill of the 250,000 obama plan, he says that doesn't have the votes topaz the house. he may have to prove that. >> real quickly i want to shift gears here and talk about chuck hagel and the potential of him being put up to the cabinet level position of secretary of defense. and getting criticism from the left and the right, chuck schumer declining to endorse him yesterday on meet the press. i want to play for everybody what andrea mitchell also said on "meet the press." >> this white house cannot continue to float trial balloons and then not have them shot down. the president can't perceived to being rolled by opponents. the problem of chuck hagel with support in the foreign policy community is shot at from the left and the right. >> i want to put it to you, both.
will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular. raising tax rates and probably cut back on benefits so, remains to be seen if they can get 60 in the senate and 218 in the house. but boehner may have to put that senate pass bill of the 250,000 obama plan, he says that doesn't have the votes topaz the house. he may have to prove that. >> real quickly i want to shift gears here and talk about chuck hagel and the potential of him being put...
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Dec 30, 2012
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fiscal cliff and now we are in the midst of a lot of last-ditch bargaining between the senate leaders, reid and mcconnell, what are the chances for a small deal in the next, less than 48 hours to avoid the cliff. >> exceedingly good. i think people don't want to go over the cliff, if we can avoid it. i think, whatever we accomplish, political victory to the president, hats off to him, he stood his ground and will get tax increases, maybe not 250 but upper income americans and the sad news is we have accomplished little, in terms of not becoming greece, that bill will not affect the debt situation and it will be a a political victory for the president and i hope we have courage of our convictions, when it comes to raise the debt ceiling to fight what we believe as republicans. hats off to the president, he won. >> chris: quick follow-up, before we turn to senator feinstein, you said you don't think your conservative colleagues in the senate will filibuster or set up a procedural roadblock, they'll vote to avoid going over the cliff. >> if mcconnell can't get 60% of us to vote for the deal it
fiscal cliff and now we are in the midst of a lot of last-ditch bargaining between the senate leaders, reid and mcconnell, what are the chances for a small deal in the next, less than 48 hours to avoid the cliff. >> exceedingly good. i think people don't want to go over the cliff, if we can avoid it. i think, whatever we accomplish, political victory to the president, hats off to him, he stood his ground and will get tax increases, maybe not 250 but upper income americans and the sad news...
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Dec 30, 2012
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now, we are in the midst of a lot of last ditch pa bargaining between the senate leaders reid and mcconnell. what do you think of the chances for a small deal in the next less than 48 hours to avoid the cliff? >> exceedingly good. i think people don't want to go over the cliff if we can avoid it. i think what have we accomplished? political victory for the president. he stood his ground and he will get tax rate increases. maybe not at 250 but on upper income americans and the sad news for the country s that we accomplished very little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation. it will be a political victory for the president and i hope we will have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in asp republicans. but hats off to the president, he won. >> chris: you don't think some of the more conservative colleagues will filibuster or set up a procedural road block? they will vote to avoid going over the cliff? >> no, but if mcconnell can't get 60% of us to vote for this deal
now, we are in the midst of a lot of last ditch pa bargaining between the senate leaders reid and mcconnell. what do you think of the chances for a small deal in the next less than 48 hours to avoid the cliff? >> exceedingly good. i think people don't want to go over the cliff if we can avoid it. i think what have we accomplished? political victory for the president. he stood his ground and he will get tax rate increases. maybe not at 250 but on upper income americans and the sad news for...
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Dec 27, 2012
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reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum th
reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we...
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Dec 31, 2012
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in the absence of a deal, senator reid is prepared to hold a bill on the president's backup plan. and as all of this goes back and forth, here is how markets are faring ahead of the open today. futures show the dow will shed about 70 points at the open, which is a bit of a rebound from the triple digit losses that we originally saw news of on friday. nasdaq and s&p are pointed lower in what will be the last and full trading day of the year. in asia, japan and south korean markets are closed. the rest of markets look a little bit like this. here is europe to begin with. only a few markets are open there today. among those closed include spain and germany. we're start with asia. shanghai composite is the outperformer. you saw up 1.6% there. here is a list of the markets closed across europe. germany, switzerland, germany and austria. for the bourses that are open, we can take a look at performance this morning and then we'll take a look over at the bond wall. the ftse 100 is down about .4%. ibex down .5%. not a clear picture. definitely mixed trade as people look to close out the ye
in the absence of a deal, senator reid is prepared to hold a bill on the president's backup plan. and as all of this goes back and forth, here is how markets are faring ahead of the open today. futures show the dow will shed about 70 points at the open, which is a bit of a rebound from the triple digit losses that we originally saw news of on friday. nasdaq and s&p are pointed lower in what will be the last and full trading day of the year. in asia, japan and south korean markets are...
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Dec 30, 2012
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involved with this as any senator in the united states senate, other than mitch mcconnell and harry reid. i have never seen those cuts, so i'd love to take those up on the senate floor. let me just say this, like every american, i'm disgusted with where we are. i know people are irritated at the president, they're irritated at congress, as they should be. there's no question that in the next few days or next few weeks, we're going to rescue most of the american people from a tax increase. we're going to do it. better to do it over the next day or two. but what hasn't happened in this debate is any discussion about real reductions, reforms in medicare and social security, to save those. i think that is totally irresponsible. >> but there's -- look, here's where we are. there is not time for you to reform entitlements between now and midnight on the 31st. so here is your choice. you either allow tax rates to go up on everyone -- >> we're going to deal with that. >> or try to protect some people. >> i would bet my life over the next very short period of time, 98 to 99% of the people in the
involved with this as any senator in the united states senate, other than mitch mcconnell and harry reid. i have never seen those cuts, so i'd love to take those up on the senate floor. let me just say this, like every american, i'm disgusted with where we are. i know people are irritated at the president, they're irritated at congress, as they should be. there's no question that in the next few days or next few weeks, we're going to rescue most of the american people from a tax increase. we're...
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Dec 27, 2012
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nothing is stirring, not even harry reid. yes, i'm still in the christmas spirit. the president meanwhile is in hawaii and won't be returning until tomorrow. now, normally nothing happening would not be big news in washington. nothing happening is kind of the status quo in washington. getting nothing done is to our political system as saying great is to tony the tiger. it's just kind of what we do now. right now, this week, nothing happening is huge news. the reason is that usually when washington doesn't do anything nothing happens. you do nothing, nothing happens. that's how it goes. in fact that's why people call it doing nothing. after you do it, nothing occurs. if washington doesn't do something, a lot happens. all the bush tax cuts expire, the payroll tax cuts expire. doctors participating in medicare, see their reimbursements cut by more than 25%. good luck getting a doctor then. more than a trillion dollars in spending cuts are triggered. the economy probably falls back into recession, and merry christmas and happy new year from washington to you, the ameri
nothing is stirring, not even harry reid. yes, i'm still in the christmas spirit. the president meanwhile is in hawaii and won't be returning until tomorrow. now, normally nothing happening would not be big news in washington. nothing happening is kind of the status quo in washington. getting nothing done is to our political system as saying great is to tony the tiger. it's just kind of what we do now. right now, this week, nothing happening is huge news. the reason is that usually when...
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Dec 26, 2012
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who does harry reid have to negotiate with them? where does he go? >> the president and harry reid can only negotiate so much. >> the question becomes if they can get a bill for 250 and below perhaps with the unemployment insurance attached to it, maybe put in sweetener with the estate tax, could they guarantee that would pass the house of representatives? from the statement we do not know that. >> jared, last week it was speaker boehner himself who could not get his own bill passed, the plan "b." and yet here he is trying to put it back on democrats and the president to get the bill passed making it clear they're not prepared to come back to washington and do anything to avoid the fiscal cliff. what do you think's going to happen? >> well, i thought luke took us eloquently through all the scenarios. but to me this is all simple. it really comes down to this. is john boehner willing to introduce a compromise plan in the house of the type the president offered before he left? extend the tax cuts only for the 250 and below. you kick the sequester down
who does harry reid have to negotiate with them? where does he go? >> the president and harry reid can only negotiate so much. >> the question becomes if they can get a bill for 250 and below perhaps with the unemployment insurance attached to it, maybe put in sweetener with the estate tax, could they guarantee that would pass the house of representatives? from the statement we do not know that. >> jared, last week it was speaker boehner himself who could not get his own bill...
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Dec 26, 2012
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harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up filibustering and will there be senators who support the legislation and blocking the filibuster. a lot of gymsmanship and republicans when you lock at the situation in the house and the inability to pass along the other things, they are on the verge of taking a lot of blame if they filibuster the legislation and the house doesn't act on it. >> and only democratic support developing here. how much is he going to agree with the president when he has the election in 2014? some folks don't want to appear in any way too close to president obama right now. >> let's move on in terms
harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up...
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Dec 31, 2012
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but any deal that comes from harry reid and mitch mcconnell in the senate will ultimately have to make it through the republican-controlled house. now joining me is someone who knows that reality all too well, maryland democratic congressman chris van hollen, the ranking member on the house budget committee. congressman, thank you for taking the time. >> chris, great to be with you. >> absolutely. i want to talk to you first about sort of the mood. kelly o'donnell mentioned that this is a conversation happening between a very small number of people and house democrats largely not in that conversation. a huge moment before the holidays where john boehner was unable to bring his bill up. what is the mood in the house, both democrats and republicans? are you guys just playing wait-and-see? do you have an expectation that if the senate passes something, the house is at least going to take it up? >> well, that has to happen, as you just said, in order to get this done. the house not only would have to take up an agreement that came out of the senate, obviously, we'd need a majority vote, re
but any deal that comes from harry reid and mitch mcconnell in the senate will ultimately have to make it through the republican-controlled house. now joining me is someone who knows that reality all too well, maryland democratic congressman chris van hollen, the ranking member on the house budget committee. congressman, thank you for taking the time. >> chris, great to be with you. >> absolutely. i want to talk to you first about sort of the mood. kelly o'donnell mentioned that...
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Dec 30, 2012
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plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt him in his election. remember rand paul -- mcconnell has less room to maneuver. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that some democrats will support? guest: the biggest loser is the unemployed and those trying to get jobs. that is what this is about. really, people need to step back and realize, while we are concerned about deficits, it is because it is a concern about the economy. there are different prescriptions for the economy at different times. allowing this recovery to slow down, even as it has already been anemic, would b
plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt...
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Dec 28, 2012
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senator reid himself said that they did not discuss that. and it seems to be that that is an indication, at least to republicans here on capitol hill, that it is the president's move next to make more clear what jessica is talking about. that the president has said publicly, he wants to do as kind of that stopgap, scaled down version. in fact, mitch mcconnell himself said in the hallway, just moments ago, that he does expect to go to the white house, as jessica just alluded to. he expects to do that tomorrow. they haven't gotten a formal invitation tomorrow. there's no time set for this meeting tomorrow, but mitch mcconnell says he does expect to go. and so that really does speak to the next move, tomorrow. >> well, that is good news. that is good news, senator mcconnell going to the white house tomorrow, hopefully. but i'm going to ask you about the house of representatives, dana. right now they've been called back to washington, not until sunday, december 30th. now, 48 hours before the fiscal cliff goes over, is that really enough time to
senator reid himself said that they did not discuss that. and it seems to be that that is an indication, at least to republicans here on capitol hill, that it is the president's move next to make more clear what jessica is talking about. that the president has said publicly, he wants to do as kind of that stopgap, scaled down version. in fact, mitch mcconnell himself said in the hallway, just moments ago, that he does expect to go to the white house, as jessica just alluded to. he expects to do...
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Dec 26, 2012
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joy reid? >> the neocons won't stop. they've been wrong on every foreign policy question of my lifetime and still want to be in charge. >> to think of another liberal-type reformer you have to go to harold brown under carter and was a multilateralist, looked to use the pentagon as a place to negotiate arms reduction treaties. it was a different type of defense strategy, it was, by the way, controversial at the time. but the point to hagel, joy, is we're talking about someone who objectionable comments aside or not, someone who would be a change agent, and why won't the president fight for that? >> his only objectionable comment was his comment on the gay community. >> how long ago? >> bill clinton signed, you know -- >> clinton, who progressives like. >> it was a very different time in gay rights. >> and the issue on israel, what did he say, he's not a senator from israel? have we gotten to the point you can't say that? he's a republican, we're not going to agree with everything he says. >> he was against sanctions in ir
joy reid? >> the neocons won't stop. they've been wrong on every foreign policy question of my lifetime and still want to be in charge. >> to think of another liberal-type reformer you have to go to harold brown under carter and was a multilateralist, looked to use the pentagon as a place to negotiate arms reduction treaties. it was a different type of defense strategy, it was, by the way, controversial at the time. but the point to hagel, joy, is we're talking about someone who...
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Dec 24, 2012
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harry reid is a democrat and supports the president's agenda, although he's been a staunch supporter of the nra in the past. but the nra is a hugely powerful entity, no matter if lapierre's comments are seen a little off color or off message, they are hugely influential in washington and as pete said, they're going to be hugely involved in the lobbying battle on capitol hill if this legislation makes its way to the floor. >> asa hutchison is one of the names brought up here. should he be on the panel that vice president biden will be leading? >> he's a former member of congress, he has sway with people on capitol hill, he's large live seen as somebody who is going to run for governor in his home state of arkansas going forward, he's still an active political figure, former members of congress tend to get more things done here in washington than some other folks but we'll see. >> they don't have to be re-elected. >> that's right. they're going to need a lot of power going forward to get lngs through. >> we heard this on friday, we heard it on sunday from lapierre. he was using the ter
harry reid is a democrat and supports the president's agenda, although he's been a staunch supporter of the nra in the past. but the nra is a hugely powerful entity, no matter if lapierre's comments are seen a little off color or off message, they are hugely influential in washington and as pete said, they're going to be hugely involved in the lobbying battle on capitol hill if this legislation makes its way to the floor. >> asa hutchison is one of the names brought up here. should he be...
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Dec 27, 2012
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asking harry reid to ask and president obama to act. >> harry reid's his lifeline. let me ask you this. everybody watches politics. this isn't cnbc here, it's politics. let's get a couple things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you accept the fact that both guys are in trouble? >> i think it's a jump ball. i'm not sure what happens at that point. it depends on what the markets do. we'll say this. president obama doesn't have to worry as much as the members of congress do because he's not on the ballot again. >> but if there's a second recession, doesn't that kill his second te
asking harry reid to ask and president obama to act. >> harry reid's his lifeline. let me ask you this. everybody watches politics. this isn't cnbc here, it's politics. let's get a couple things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage....
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Dec 26, 2012
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what's harry reid left to do right now? >> i'm not sure $250,000 could get through the house or senate at this point. republicans are signaling, as kay bailey hutchison just did, they want to move to $500,000. i think that would be a tough lift considering president obama offered $400,000 with $2 trillion in deficit reduction. >> from where you sit right now, i mean, you're so into the house gop, jake, i'm surprised you didn't end up in boehner's suitcase, we look like we're going over. >> it looks like that's the case and that's what gop aides are telling us today, it's very difficult and democrats are saying this too, it's difficult to see a way we avert the fiscal cliff at this point with how slow the senate operates, no plan right now, house is nowhere, and it's almost january. >> highway to the danger zone, jake sherman, politico, thank you so much for joining us, we appreciate it. >>> developing news on president george h.w. bush's health. this is "andrea mitchell reports" only on msnbc. we've all had those moments. w
what's harry reid left to do right now? >> i'm not sure $250,000 could get through the house or senate at this point. republicans are signaling, as kay bailey hutchison just did, they want to move to $500,000. i think that would be a tough lift considering president obama offered $400,000 with $2 trillion in deficit reduction. >> from where you sit right now, i mean, you're so into the house gop, jake, i'm surprised you didn't end up in boehner's suitcase, we look like we're going...
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harry reid has the task of trying to cobble something together that can get some republican support in the senate and also get some republican support in the house and make it through congress. that's a difficult task. the white house saying they want the threshold for income tax rates expiring to be $250,000 and above. they are back to their initial negotiating position. and so between that and the lack of discussions going on, you sort of understand why you're hearing from democrats and republicans this pessimism about going over the fiscal cliff. privately, that's all what we're hearing that it is a real possibility to go over the cliff, even though there's a possibility of still working out a deal. but this is a last-ditch effort for sure. >> it's incredible that privately they are also saying that. everyone thought once we get closer to the deadline, they are going to get it together, come up with some sort of deal. if this stopgap measure does actually pass before january 1st, is the president prepared to go back to d.c. and cut his vacation short? >> reporter: he is. officially
harry reid has the task of trying to cobble something together that can get some republican support in the senate and also get some republican support in the house and make it through congress. that's a difficult task. the white house saying they want the threshold for income tax rates expiring to be $250,000 and above. they are back to their initial negotiating position. and so between that and the lack of discussions going on, you sort of understand why you're hearing from democrats and...
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it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the markets and how they've been reacting and wall street and corporate america more generally. is there new pessimism that we're, a, not going to get a deal and not solve the issue anyway? >> big disappointment. people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at each other. i feel sorry for speaker boehner. i've seen so
it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the markets and how they've been reacting and wall street and corporate america more generally. is there new pessimism that we're, a, not going to get a deal and not...
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our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the meeting you were talking about with the senator. sounds as though they're doing a little talking about -- a little bit of a game plan about how they're going to present this to the caucus, and obviously, that's a very delicate issue for reasons we have been talking about. the democratic caucus, many of them are not happy. in fact, i have to tell you i was told by one democratic senator when they put up on a screen, they put up yesterday in a meeting that democrats were having, they put up almost like a power point, i believe, some of the aspects of the p
our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the...
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reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice president biden in these talks means that though these talks are stalled, negotiations continue. harry reid and mitch mcconnell had some problems getting to a final offer, final counteroffer this afternoon. but the inclusion of vice president biden means the white house is in the loop with what minority leader mcconnell is doing. >> how much hope is really the question here, ryan? taking the cost of living essentially, the cpi off the table for social security, which was going to be a non-starter for harry reid and for the president, so i guess the republicans could sa
reid said everybody can go home until about 11:00 tomorrow. tomorrow is new year's eve, for those paying attention. and apparently, there's no dignity left in the senate or house and they will be in tomorrow on new year's eve pretending like they're going to get to some kind of resolution here. >> what do we know about where they are, robert? did the inclusion of the vice president make any difference? what do you know? >> i think that's a key point, chris. tin collusion of vice...
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harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the senate majority leader has talked to the president. has there been any reaction from the white house today. >> reporter: the white house is not commenting on these negotiations that are going on over on the hill. they do not want to derail them by speaking out, by agitating the situation, but i tell you that there is a lot of investment here going on behind the scenes. in addition to mitch mcconnell speaking to vice president biden, the president sent his top negotiator, one of his top negotiators, rob nabors over to the hill. he's meeting with senate democrats as well this afternoon. a
harry reid, before his closed door luncheon, said he was still cautiously optimistic. hard to see from our perspective why he would say this because things seem pretty bleak at this point, though you never know what's going on behind closed doors. melissa. >> thank you very much. keeping an eye on that podium because senator harry reid is apparently going to come out and speak in a few minutes so we'll watch for that. let's go to the white house correspondent kristen welker. we know the...
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so i'm getting the sentence that harry reid and the democrats don't want a deal. they want to go off the cliff. >> well, and that's certainly one opinion that's out there, andrea. the cpi aspect, democrats said, you know, we were willing to do that if you were talking about a huge 4 trillion dollar teal deal where we're going to cut a lot of different things, but as part after smaller deal they're trying to iron out over the course this have weekend, they said that that was a poison pill. so bottom line, they were not happy with this at the last minute. they made it well-known to everybody today to certainly stop it from happening so then we heard from a lot of republicans saying, fine, if it's a deal breaker, we're not going to do it and certainly the republicans would like some other sweeteners that would be appealing to them in the final deal. >> and do people in washington, to they realize how angry a lot of americans are? we're down to the wire on a financial crisis that we haven't seen in a long, long time, and there's no agreement. they're scrabbling like k
so i'm getting the sentence that harry reid and the democrats don't want a deal. they want to go off the cliff. >> well, and that's certainly one opinion that's out there, andrea. the cpi aspect, democrats said, you know, we were willing to do that if you were talking about a huge 4 trillion dollar teal deal where we're going to cut a lot of different things, but as part after smaller deal they're trying to iron out over the course this have weekend, they said that that was a poison pill....
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senate majority leader harry reid said we should talk to vice president biden and mitch mcconnell. earlier republicans suggested changing the way inflation is calculated on changes like social security read offered this reaction late in the day. >> i was really grass fied to hear republicans taking command by social security set off the table. this should never have been on the table to begin with. there is still significant difference between the two sides negotiations continue. still time left to reach an agreement. >> meanwhile west virginia democrat joe mansion introduced the calm act trying to soften the blow as the country goes off the fiscal cliff. it would maphase in tax hikes or the years and prioritize spending cuts. he says he's frustrated and tried to do something. >> it was crossing the wires it's more than frustration it sounds like desperation at this point as they are losing hope. the chained cpi the social security adjustment you were talking about basically changes the way they configure the cost of living and would make those benefits smaller checks. does it soun
senate majority leader harry reid said we should talk to vice president biden and mitch mcconnell. earlier republicans suggested changing the way inflation is calculated on changes like social security read offered this reaction late in the day. >> i was really grass fied to hear republicans taking command by social security set off the table. this should never have been on the table to begin with. there is still significant difference between the two sides negotiations continue. still...
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harry reid was going to bring a bill to the floor. they applauded him tonight for getting that threshold up. so they feel that is a success on tax breaks. and igore as i understand it. all of your good friends and the respectful liberals, they do not want $400,000 they would rather go back to $200,000. they don't want to cut spending. they want the 250. it is what he campaigned on and what he wanted. the president has put medicare cuts on the table. and very controversial with his caucus. a lot of us think it should not be off the table. he went there. he went there half way more. >> the senate democrats vetod any cost of living adjustment. >> right. this is why he had to be pushed out and mitch mcconnell had to be taken over by joe biden. they don't want to cut spending they want to raise taxes. if you want to talk about it later, it should be part of a different deal. but when it comes to different cuts in medicare. this is what is on the table. it brings efficiency into the system. it was part of the president's budget in 2012. rep
harry reid was going to bring a bill to the floor. they applauded him tonight for getting that threshold up. so they feel that is a success on tax breaks. and igore as i understand it. all of your good friends and the respectful liberals, they do not want $400,000 they would rather go back to $200,000. they don't want to cut spending. they want the 250. it is what he campaigned on and what he wanted. the president has put medicare cuts on the table. and very controversial with his caucus. a lot...
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Dec 24, 2012
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senate majority leader harry reid has to cobble together something to get support from some republicans in the senate and also from the house in order to aavert this fiscal cliff. the white house right now is saying they want the threshold for the income tax rates at a quarter million dollars. that might be difficult to get republican support on that, so we'll see if that changes, suzanne. >> do we expect that the president is going to come back early from his hawaii vacation if anything happens on the senate side? clearly, he could get things done from hawaii as well, but it could be at least symbolically for him to return to washington. >> reporter: definitely. we expect that he will be heading back to washington, d.c. he was supposed to be here through the new year. i will tell you nothing is official on the schedule that he's definitely going back to d.c., but the sense you get from the white house is that it's more an issue of when and not if. if there is a bill that goes through the senate, the president will have to be there in order to perhaps twist some arms and certainly the o
senate majority leader harry reid has to cobble together something to get support from some republicans in the senate and also from the house in order to aavert this fiscal cliff. the white house right now is saying they want the threshold for the income tax rates at a quarter million dollars. that might be difficult to get republican support on that, so we'll see if that changes, suzanne. >> do we expect that the president is going to come back early from his hawaii vacation if anything...
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harry reid says he has reached out to the president on the phone a couple of times. republicans say there is no single issue that should break this. there is something that democrats are talking about. what we have learned is in an offer presented by republicans last night at 7:00 included within that was a request to make a change to how future increases to the payments of social security would change. not taking any money away presently but over the years to come reducing the amount of increase. that is called chain cpi. for democrats it is a nonstarter. here is majority leader harry reid. >> we're not going to have any social security cuts. at this stage that doesn't seem appropriate. i still hold out hope that we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> so you hear some sense that there might be a potential for movement. i think we have to judge everything in little incremental steps. why do republicans want that? basically their focus is if they are giving on tax increases which we get the indication they are willin
harry reid says he has reached out to the president on the phone a couple of times. republicans say there is no single issue that should break this. there is something that democrats are talking about. what we have learned is in an offer presented by republicans last night at 7:00 included within that was a request to make a change to how future increases to the payments of social security would change. not taking any money away presently but over the years to come reducing the amount of...
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senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that. you play thad sound bite from john baroso, saying it's politically expedestrianent for the president to go off the fiscal cliff. but both sides are saying, you know what? maybe it's better to go off the cliff. politically, members of congress will have to vet on tax cuts as opposed to now which are tax increases which are much harder to take. >> that's right. because the tax hikes will happen whether or not congress acts, so the school of thought here is that if republicans and temp kratz were to allow this just to happen, then they could vote for infect only tax cuts, not be on the record voting for
senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that....
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and again, president obama tonight calling harry reid, nancy pelosi to make sure that they both signed off on this deal, which they have. so now we have the vice president who is just arriving at the hill. he is going to sit down with the democratic caucus, sell this deal to the caucus, answer their questions, answer their concerns. but, again, the broad outlines of the deal have been agreed upon by all the major players who are involved in this. of course, vice president biden has been playing a critical role in these negotiations, really the entire time. but especially since saturday when leader mcconnell reached out to him and asked him to get more engaged, which he did. and that is really when we saw this ball move forward. and now it appears inching closer by the hour to the end game. so, again, president obama reaching out to key leaders on the hill, making sure that they agree with this deal. and it appears at this hour that they do. and vice president biden now going to sell to it the caucus. milissa? >> all right, kristen welker, stand by for us, if you please. let's go to nbc
and again, president obama tonight calling harry reid, nancy pelosi to make sure that they both signed off on this deal, which they have. so now we have the vice president who is just arriving at the hill. he is going to sit down with the democratic caucus, sell this deal to the caucus, answer their questions, answer their concerns. but, again, the broad outlines of the deal have been agreed upon by all the major players who are involved in this. of course, vice president biden has been playing...
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but senator reid said his preference is 250,000, which i agree with, by the way. what we're talking about is 4.6% increase in taxes. that means if you're making 250,000 ayear for every additional 1,000 you'll pay $46. the notion of paying $46 out of 1,000 for wealthy people has any negative affect on anybody, i confirmed this talking to one of wealthiest men of boston, i asked if we were to raise taxes by that amount on him would he know it if his accountant didn't make a point of telling him. he said of course not. but in any case the 400 is an effort to have a compromise. and then maybe you bring in some other elements. but -- >> let me ask you about other things being talked about here. politico describes talks as hanging by a thread and say now that this change, potentially the social security taken off the table by republicans, the problem is over sort of turning off the sequester, those tens of billions of dollars in spending cuts. >> yes. >> democrats, we are told, tell me if i'm right, they want to use some revenue from increased taxes to postpone those cu
but senator reid said his preference is 250,000, which i agree with, by the way. what we're talking about is 4.6% increase in taxes. that means if you're making 250,000 ayear for every additional 1,000 you'll pay $46. the notion of paying $46 out of 1,000 for wealthy people has any negative affect on anybody, i confirmed this talking to one of wealthiest men of boston, i asked if we were to raise taxes by that amount on him would he know it if his accountant didn't make a point of telling him....
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what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've been watching "hardball." we'll be back in one hour with an all-new live edition. until then, "politics nation" starts rite now. >> thanks, richard. thanks to you for tuning in. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right
what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've...
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you just heard senate majority harry reid. he spoke. from what you know about the details of this biden deal, did we get it right? is there any other detail you're aware of here? >> i'm not aware of all the specifics. i think generally you outlined what i have understood as the present status of negotiations. all of us believe i think that going over the cliff should not be the option that we follow. but it's been very, very difficult to get any kind of agreement in this congress. i don't mean just the last few days but in this congress, unfortunately. but giving up is not an option for us. we have another 13 hours as has been pointed out if we can reach agreement, if we can have a unanimous consent in the senate i think there is still time to act but of course it's running out very, very quickly. >> how is the mood? do you feel good about this? or do you believe we'll go over the cliff here? >> well, i'm still hopeful. while we're here all the members are in washington, ready to act. the issue is whether or not we can come to a consens
you just heard senate majority harry reid. he spoke. from what you know about the details of this biden deal, did we get it right? is there any other detail you're aware of here? >> i'm not aware of all the specifics. i think generally you outlined what i have understood as the present status of negotiations. all of us believe i think that going over the cliff should not be the option that we follow. but it's been very, very difficult to get any kind of agreement in this congress. i don't...
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harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to interrupt you, we're going to keep tracking this story together. >>> coming up next, a man you're not seeing on tv, he's playing in the background. he may be the most feared man in washington and he doesn't even hold office. >> if i went and became a tibetan monk on the top of some mountain somewhere, the american people would still, they were against tax increases long before i was born. the whole tea party thing predates me. >>> grover norquist on the fiscal cliff showdown and why politicians won't back down from signing his anti-tax pledge. so
harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to...
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shown absolutely good faith in just that we're a part on some pretty big issues. >> that was harry reid, the senate majority leader representing the democratic side of things. from the sound of both men, it appears that they are at an impasse. and certainly not optimistic when it comes to trying to reach any kind of any negotiated settlement right now. 6 we'll continue to listen in here. >> who yields time? i want to bring in dana bash. does it sound like they've broken off all talks. they've said, okay, that's it, i've made my proposal, you've made yours, we're too far apart. >> i wouldn't say they've broken off all talks. but what i will say is that this is very, very bad news, a very bad sign. as you and i talked about at the top of the hour, it is, it is good news or a good sign when we don't, we in the media don't hear a lot of what's going on in private. when either side decides to come out and say that there is a major setback or there is a big problem, that's a big red flag. the fact is that the republican leader came out and he said he wants to dance. close to a deal. he just n
shown absolutely good faith in just that we're a part on some pretty big issues. >> that was harry reid, the senate majority leader representing the democratic side of things. from the sound of both men, it appears that they are at an impasse. and certainly not optimistic when it comes to trying to reach any kind of any negotiated settlement right now. 6 we'll continue to listen in here. >> who yields time? i want to bring in dana bash. does it sound like they've broken off all...